Wednesday, August 27, 2014

Trade Idea: EUR/USD - Buy at 1.3170

Although the single currency fell initially to 1.3153, as recent decline is losing downward momentum, reckon downside would be limited and bring rebound later, above yesterday's high of 1.3215 would suggest low is possibly formed, brnig test of the upper Kumo (now at 1.3238), break there would add



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